Generate Capital Secures $117 Million Financing for Community Solar Projects
Generate Capital has closed a $117 million term debt facility with MUFG to finance community solar projects across Illinois and New York. This marks Generate's first such financing partnership with MUFG, supporting its Community Solar Fund 11 which includes 18 projects totaling 114MWdc. The funding is part of the company’s broader strategy to expand access to reliable energy solutions for communities. This transaction follows a strong capital formation period in early 2026 where Generate secured approximately $1.4 billion across various infrastructure investments, including community solar and battery storage systems. Highlights include financing over 15 community solar projects with Monarch Private Capital and securing a senior secured U.S. private placement for energy efficiency initiatives. Generate's continued success in attracting institutional capital underscores the growing demand for high-quality critical infrastructure assets that offer long-term cash flows, particularly within renewable energy sectors.
